maybe its been broken for ever but was itbnot desinged for farmers

[Hopperbin]

Farmers should be a part of the sqeeze the last trade. Why are we not? Big questions.

[Hopperbin]

Farmers should be able to price to end of contract. Very end of contract.

[mbdog]

absolutely

[Hopperbin]

Price fn reality.

[bgmb]

you know you guys are more than welcome to trade futures to your hearts content.

[Hopperbin]

**** off sorry.
We have the grain. Why are we left out?

[Hopperbin]

Scrw you bgmg the futures price exchange should reflect price to farmer.

[Hopperbin]

So today what does ttbe furures represent. ?pay me ****ing 10 dollarrs. Pay me ****ung 11. We should be at 15.

[PrairieDude]

Bgmb is correct. You could have bought the July nov spread. Why dwell on a pricing mechanism that isn't there. Move on.

[bucket]

Everyone knows the "families" are colluding in the canadian grain market.

They have decided collectively to not use the ICE winnipeg futures for durum, wheat, and barley. If they choose not to use the market that is there to hedge durum, what is the point of having them?

Canola they all sit down and decide what to pay, they don't use futures they don't have to. Farmers will put in targets for price and when they decide to scoop them up they do.

I am wrong as most will say. But why do they use they canola futures as a reference point for pricing. But for durum they use an american wheat future?

Why not price canola off the soybean market? And why is there such a discount for canola to soybeans?

[wmoebis]

I was thinking expenses should be tied to the price of grain on a % of return. What if check off was 1% instead of flat rate. Or marketing was say 5% instead of rate set by marketer? Elevation, rail, fert, chem all on % of grain price.

That way everyone would be trying to achieve common goal. Highest return for industry based on the price of grain.

[fjlip]

I have thought the same for 40 years, but every other part of the chain wants less risk and sets rates, except the producers, where all the risk is dumped on. Will never live long enough to see farmers treated fairly.

[Braveheart]

Sorry. My mistake. Iwas looking for the marketing forum. I guess I accessed an NFU/Sask Wheat Pool meeting in my hot tub time machine. I didn't want 1927. I wanted 2014.

[bucket]

And currently there is nothing different between 1927 and 2014. Grain companies are not using the futures market - just look at the volumes on the ICE in Winnipeg for wheat durum and barley.

[Braveheart]

They use it for canola. For sure. Wheat and durum, cos use Mpls.